Canadian Pacific Kansas City (TSE:CP) Given New C$128.00 Price Target at TD

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) had its target price increased by equities researchers at TD from C$117.00 to C$128.00 in a note issued to investors on Friday,BayStreet.CA reports. TD’s price target points to a potential upside of 0.05% from the stock’s current price.

CP has been the topic of a number of other research reports. Scotiabank raised their target price on Canadian Pacific Kansas City from C$120.00 to C$122.00 and gave the stock a “hold” rating in a report on Thursday, April 9th. Desjardins lifted their price target on Canadian Pacific Kansas City from C$131.00 to C$141.00 and gave the company a “buy” rating in a research note on Thursday. Sanford C. Bernstein increased their target price on shares of Canadian Pacific Kansas City from C$117.00 to C$125.00 in a report on Tuesday, March 31st. Barclays increased their price objective on Canadian Pacific Kansas City from C$135.00 to C$145.00 in a report on Friday, June 26th. Finally, Royal Bank Of Canada boosted their price target on Canadian Pacific Kansas City from C$127.00 to C$139.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$127.86.

Canadian Pacific Kansas City Price Performance

Shares of Canadian Pacific Kansas City stock traded down C$0.08 during trading on Friday, hitting C$127.93. 320,343 shares of the company’s stock traded hands, compared to its average volume of 1,471,283. Canadian Pacific Kansas City has a twelve month low of C$96.50 and a twelve month high of C$129.19. The company has a market cap of C$113.57 billion, a PE ratio of 28.56, a PEG ratio of 2.32 and a beta of 1.28. The firm’s fifty day moving average price is C$121.87 and its 200 day moving average price is C$113.33. The company has a debt-to-equity ratio of 52.35, a current ratio of 0.67 and a quick ratio of 0.42.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a net margin of 27.03% and a return on equity of 8.78%. The firm had revenue of C$3.70 billion during the quarter. Analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.

Insider Activity

In related news, insider Maeghan Dawn Albiston sold 5,690 shares of Canadian Pacific Kansas City stock in a transaction on Thursday, May 28th. The shares were sold at an average price of C$125.00, for a total transaction of C$711,250.00. Also, insider John Kenneth Brooks sold 65,130 shares of Canadian Pacific Kansas City stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of C$122.24, for a total value of C$7,961,491.20. In the last three months, insiders sold 99,515 shares of company stock worth $12,279,066. 0.03% of the stock is owned by corporate insiders.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.